News

Ambitious Exeter city centre plans aim to provide economic boost

23/11/18

The housing market often reflects the economy of the local area, so the latest proposals for Exeter’s city centre area will give a welcome shot in the arm for demand for homes in East Devon. Plans recently revealed by Exeter city council say:

  • new shops, offices and a bus station near the John Lewis store;
  • a four-star hotel, a new square and an additional budget hotel;-
  • possibly a 1,200-seat theatre and performance space.

The proposals may cost as much as £300m if they come to fruition, with most of the income from private investors. Some 400 new jobs could be created – a welcome boost for the local economy and the area’s housing market

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